What cities do you recommend to invest in?

Question

Good evening, I'm a new investor trying to find an affordable market to invest in. Any recommendations will be helpful, thank you.

Daniel Kim · Answer

What area are you located in? There are so many factors, most important what are looking for/what are your investment goals...

Art Perkitny · Answer

@Omar Aragon, as @Daniel Kim suggested above, you'll want to figure out your investment goals. Are you buying and holding, or planning on flipping? What are your desired rates of return and what is your risk tolerance?

You'll want to define these things before beginning your search.

Once you've done that you'll want to begin searching for markets that meet your criteria.

You said that you are looking for affordable markets. These will largely be confined to the midwest and areas of the south. That being said, there are always going to be smaller markets in other regions as well as submarkets within large metros that may fit you price points.

To aid you I have included the below image showing the median home values of each state.

I would begin looking at a number of metro areas within the less expensive regions and once you have chosen a few dive into more detail by researching the various submarkets each metro possesses.

Hope this helps with your search!

What cities do you recommend to invest in?

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